On 29 April, President Tsai Ing-wen (pictured) outlined government efforts in bolstering the local business climate during an opening ceremony of an R&D facility established by Super Micro Computer Inc. in Taoyuan City, northern Taiwan.
The NT$2 billion (US$64.73 million) R&D center demonstrates Supermicro’s confidence in Taiwan’s economic outlook. The company also plans to invest an additional NT$8 billion in Taiwan which will create 2,000 quality jobs for locals.
President Tsai said that the time is ripe for businesses to invest in Taiwan and take advantage of its advanced infrastructure development, comprehensive intellectual property rights protection, high-caliber human resources and world-leading industrial clusters.
Over the past three years, government efforts have earned global recognition, demonstrated by Taiwan ranking 13th in both the World Economic Forum’s 2018 Global Competiveness Report and the World Bank’s 2019 Doing Business Report.
Tsai hopes that more foreign firms will follow the example of Supermicro by capitalizing on Taiwan’s pivotal position in the Asia-Pacific and robust economic climate.